66 Portland Street 411, Toronto C01

$625,000
66 Portland Street 411

$625,000

Price Change
17d
Condo ApartmentLoft

66 Portland Street 411, Toronto C01

Total Monthly Obligation $3,570

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
17d
Score
17
Yield
4.9%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-C13866888
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 6, 2026
Style-Loft
Building Type-Condo Apartment
Age-16-30
Taxes-$3,345.48 (2026)
Maintenance-$570.11/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Loft living in the heart of King West. Suite 411 at 66 Portland is a bright one-bedroom plusden in a boutique nine-storey loft building, and Freed Developments' first project. Designed byCore Architects with interiors by Cecconi Simone, the suite has 10-foot ceilings,floor-to-ceiling windows and wood floors throughout. The open living and dining area is nearly20 feet wide and opens onto a 119 sq ft balcony with a gas line for the BBQ. The kitchenfeatures granite counters, a centre island and stainless steel appliances. The bedroom hassliding glass doors and a wall-length closet, while the separate den near the entry makes anideal home office. The bathroom has a deep soaker tub, and there is ensuite laundry. Parkingand a locker are included.Outside your door, you're surrounded by some of Toronto's best restaurants, cafes and shops,with King West and Queen West both close by. The 504 King streetcar and The Well are justaround the corner.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$500,000
Land Transfer Taxes$8,975
Legal Fees (Est.)
$
Total cash required for closing$135,475

Total Monthly Obligation

$3,570/mo
Mortgage $2,521
Monthly Loss $2,907
Principal$663
Interest$1,858
Property Tax$279
Condo Fees$570
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.9%18
10-Year IRR
8.3%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,684/yr
NOI
$15,029/yr
Net Cash Flow
-$1,269/mo
Cash Margin
-49.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 66 Portland Street 411

Time

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